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Insider Today: Young men's new obsession
  + stars: | 2024-10-26 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com   time to read: +7 min
This week's dispatchThe New York Liberty celebrated their WNBA championship with a victory parade. In June, it was reported that the New York Liberty had the third-highest value in the league ($130 million), and brought in the most revenue last year ($18 million). Wu Tsai made a series of key investments that have paid off. AdvertisementAfter building out a state-of-the-art locker room, Wu Tsai focused on filling out an all-star bench. AdvertisementMore of this week's top reads:The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.
Persons: , Sarah Stier, it's, they've, Clara Wu Tsai, Joseph Tsai, Wu Tsai, Breanna Stewart, Gris Osses, Edmon De Haro, Elvis Presley's Graceland, Chelsea Jia Feng, Leila Najafi, she's, They're, Valentin Tkach, Josh Hartnett, Tyler Perry's, Bruce Springsteen, Rebecca Zisser, Taylor, she'll, Dan DeFrancesco, Jordan Parker Erb, Lisa Ryan, Amanda Yen, Grace Lett Organizations: Business, Service, New York Liberty, New York, Financial, Minnesota Lynx, WNBA, Liberty, Barclays Center, BI, Warner Bros, Netflix Locations: York, Brooklyn, honeymoons, Canada, New York City, New York, Chicago
The owner of a $137.5 million LA mansion says they're a victim of deed fraud and can't sell it. AdvertisementSpelling Manor's owner told the Journal through their lawyer that scammers filed a fraudulent deed with Los Angeles County earlier this year. The FBI's Internet Crime Complaint Center doesn't specifically track deed fraud. Gordon eventually got his property back after the title company signed a quitclaim deed that relinquished ownership, giving him his land back. Kiar said that in September, someone contacted a title company saying they had a vacant lot to sell in Hallandale Beach.
Persons: they're, , Aaron Spelling, It's, Eric Schmidt —, scammers, Paul Harris, Tyler Adams, it's, Fraudsters, Victor Petrescu, LKLSG, Adams, Spelling, Elvis Presley, Elvis Presley's, Riley Keough, Jerod Harris, Lisa Jeanine Findley, Graceland, Findley, Scammers, William Gordon's, Gordon, Gabriella Cázares, Kelly, Petrescu, Daniel Kenigsberg, Marty Kiar, Kiar, hadn't, fraudsters Organizations: Service, Google, Wall Street Journal, Association, Spelling, BI, Mapleton, LA, Graceland, GAB, Getty, Naussany, NBC Miami Locations: Los Angeles, Beverly, Mapleton, Saudi, Angeles, Spelling, LA, Miami, Memphis , Tennessee, Missouri, Arizona, Pima County, Texas, , Fairfield , Connecticut, Johannesburg, Broward County , Florida, Hallandale Beach
Lisa Marie Presley wrote about how her dad Elvis Presley's death affected her in her posthumous memoir. AdvertisementLisa Marie Presley wrote in her posthumous memoir that she struggled after Elvis Presley died when she was 9 years old. AdvertisementLisa Marie Presley, Priscilla Presley, and Elvis Presley. But later in her life, Lisa Marie would look for solace in her father's memory in a different way. Chris Delmas/AFP via Getty ImagesAccording to Keough, Lisa Marie would regularly travel to her childhood home for comfort.
Persons: Lisa Marie Presley, Elvis Presley's, Lisa Marie, Elvis, , Elvis Presley, Riley Keough, Lisa Marie's, Priscilla Presley, Keough, Riley Keogh, Benjamin Keough, Finley, Harper, Chris Delmas, Benjamin, Oprah Organizations: Service, Magma Agency, Getty, Elvis Locations: Graceland, Nashville
Lisa Marie Presley wrote in her posthumous memoir that she felt unwanted by her mom, Priscilla Presley. AdvertisementLisa Marie Presley wrote in a new posthumous memoir about feeling unwanted by her mom, Priscilla Presley. Lisa Marie Presley, Priscilla Presley, and Riley Keough in 2022. Priscilla Presley and Lisa Marie Presley in September 2013. AdvertisementPriscilla Presley, Lisa Marie Presley, and Riley Keough in May 2015.
Persons: Lisa Marie Presley, Priscilla Presley, Lisa Marie, Priscilla, didn't, Elvis Presley, , Riley Keough, wouldn't, Elvis, Jon Kopaloff, Lisa, Lisa Marie said, Rick Diamond, Keough, Lisa Marie weren't, Lisa Marie's, Michael Lockwood, Riley, Eric Charbonneau, Harper, Finley Lockwood, Barry Siegel, Benjamin Keough, Daisy Jones, Oprah Winfrey's Organizations: Service, Americana Music, Getty, Warner Bros Locations: Graceland
Lisa Marie Presley's posthumous memoir reveals that she kept her son's body on dry ice after his death. AdvertisementLisa Marie Presley opened up about how she coped with the death of her son, Benjamin Keough, in her newly released posthumous memoir. Presley wrote that she "found a very empathic funeral home owner" who accommodated her request. Lisa Marie Presley in June 2022. In an essay published by People magazine in August 2022, months before her death, Presley said that she blamed herself "every single day" for Benjamin's death.
Persons: Lisa Marie Presley's, Benjamin Keough, , Lisa Marie Presley, Presley, cowritten, Riley Keough, Riley, Ben Ben, Elvis, Gladys —, Elvis Presley, Gladys Presley, Lisa Marie, Navarone Garibaldi, CHRIS DELMAS, Benjamin, Jon Kopaloff, wouldn't, Finley Aaron Love, Harper Vivienne Anne, I'm, Ben, Presley's Organizations: Service, Getty, People Locations: Graceland, Hawaii, Malibu, Elvis
Lisa Marie Presley kept the body of her dead son on ice at home for two months as she struggled to cope with the grief brought by his sudden passing, the family revealed in newly published book. Presley wrote that California has no laws that mandate exactly when a body needs to be buried or otherwise disposed. "My house has a separate casitas bedroom, and I kept Ben Ben in there for two months," according to Presley. She said, 'We’ll bring Ben Ben to you. Presley wrote: "I think it would scare the living f---ing piss out of anybody else to have their son there like that.
Persons: Lisa Marie Presley, Riley Keough, Elvis Presley, Elvis, Benjamin Keough, Keough, Presley, Ben Ben, Benjamin Keough's, , ” Lisa Maria, ” Keough, “ Lisa Marie Presley, I’ve Locations: California, Graceland
Read previewA Missouri woman was arrested Friday in connection to a scheme to defraud Elvis Presley's family by stealing their interest in Graceland and trying to extort them for millions of dollars. Lisa Jeanine Findley, 53, faces charges of mail fraud and aggravated identity theft, federal prosecutors in Missouri said. Keough had sued a company that claimed it owned the rights to Graceland, and a judge ruled in Keough's favor in May. AdvertisementFindley posed as three different individuals from a fictitious lender called Naussany Investments, prosecutors said Friday. She then falsely claimed that Lisa Marie Presley had borrowed $3.8 million from Naussany in 2018, putting up Graceland as collateral, but never repayed the debt, prosecutors said.
Persons: , Elvis Presley's, Lisa Jeanine Findley, Presley's, Riley Keough, Lisa Marie Presley, Keough, Findley, Lisa Marie Presley's, Nicole M, Argentieri, Presley, Keough —, Daisy Jones Organizations: Service, Business, Naussany Investments, Prosecutors, Department's Locations: Graceland, Missouri, Memphis, Keough's, Naussany, Los Angeles, Tennessee, Nigerian, Nigeria, Kansas City , Missouri
Tim Walz defends his military record. Walz defends his military recordDemocratic vice presidential nominee Tim Walz defended his military record during his first solo event on the campaign trail. Vance asserted Walz misrepresented his military record; Walz said he misspoke. Ernesto expected to strengthen into a hurricaneTropical Storm Ernesto on Aug. 13, 2024. Staff Pick: Laci Peterson case back in the spotlightLaci Peterson and Scott Peterson in an undated photo.
Persons: Tim Walz, Walz, , Sen, JD Vance, Vance, Donald Trump, Joe Biden, nudging Trump, Chuck Todd, Kamala Harris, Ernesto, Ilhan Omar, Minnesota, Eric Hovde, Democratic Sen, Tammy Baldwin, Laci Peterson, Scott Peterson, Peterson, — Chelsea Stahl, Benjamin Netanyahu, Elvis Presley’s, Elizabeth Robinson Organizations: Labor Statistics, Federal Reserve, Democratic, Minnesota, NBC, Trump, GOP, NOAA, Getty Images Schools, NHC, U.S ., Wisconsin Republican, Senate, Modesto Police Department, Pictures, Israeli, Police Locations: Los Angeles, Ohio, Denver, Boston, Michigan, Asheville , North Carolina, Puerto Rico, Caribbean, British Virgin Islands, U.S . Virgin Islands , Puerto Rico, Vieques, Culebra, California, U.S, Ferguson , Missouri, Tennessee
MEMPHIS, Tenn. — A federal grand jury heard testimony Tuesday about a scam to steal the Graceland estate from Elvis Presley’s family. The Odell Horton Federal Building, in downtown Memphis, houses several federal offices, including the U.S. District Court for the Western District of Tennessee. Elvis Presley's Graceland estate was the target of a scam. Ariel J. CobbertPhilbrick was in Memphis on Monday with a friend to tour the Graceland estate before testifying before the grand jury on Tuesday. (A representative for the Graceland estate did not respond to a request for comment.)
Persons: Elvis Presley’s, Rasheed Jeremy Carballo, Lisa Holden, Holden, Lisa Marie Presley’s, Micah McCoy, NBC News Holden, Lisa Marie Presley, Elvis ’, ” Carballo, Kimberly Philbrick, Kevin Ritz’s, Odell Horton, Ariel J, Cobbert, Philbrick, Holden’s, “ Lisa, , Maria Tazbaz, ” Tazbaz, , Elvis Presley's Graceland, Cobbert Kimberley Philbrick, Cobbert Philbrick, Graceland, ” Philbrick Organizations: NBC News, Holden, Naussany Investments, NBC, FBI, U.S, Western, of, U.S . Postal Inspection Locations: MEMPHIS, Tenn, , Branson , Missouri, Graceland, Memphis, U.S, of Tennessee
Evan Gershkovich, Paul Whelan and Alsu Kurmasheva make an emotional return to the U.S. Simone Biles and Katie Ledecky add to their Olympic medal collections. Jamie Squire / Getty ImagesBiles won gold in the women’s all-around gymnastics final, reclaiming her 2016 title and becoming the first American to win the Olympic all-around gold medal more than once. Brazil’s Rebeca Andrade won silver, and American Suni Lee, who won the all-around gold medal three years ago in Tokyo, took home the bronze. Katie Ledecky made Olympic history when she won a silver medal in the women's 4x200m freestyle relay final on Thursday. The battle intensifies to define HarrisIt goes without saying that Vice President Kamala Harris’ path to de-facto Democratic presidential nominee has been unprecedented.
Persons: Evan Gershkovich, Paul Whelan, Alsu, Simone Biles, Katie Ledecky, Sonya Massey, Biden, Harris, Joe Biden, Kamala Harris, Alsu Kurmasheva, Whelan, Gershkovich, Kurmasheva, , Vladimir Kara, Murza, Antony Blinken’s, Sergei Lavrov, Suni Lee, Jamie Squire, Biles, Brazil’s Rebeca Andrade, Maddie Meyer, Peacock, Read, rance, wimmer, ▶️, ure, Ana l, J uly, dow, ros, Pres, ena, Gray, ood, Joh, edd, maki, abou, , in Organizations: U.S, Russia, Marine, Joint Base Andrews, Wall Street, Radio Free, Radio Liberty, Paris, unt, pla, us. Locations: Maryland, Germany, U.S, Russia, Slovenia, Norway, Poland, Radio Free Europe, Berlin, Paris, American, Tokyo, Belgium
A federal grand jury is set to begin hearing evidence this month in the scam to steal the Graceland estate from Elvis Presley’s family, sources say. It involved a company called Naussany Investments, which claimed that Lisa Marie Presley, Elvis’ only child, owed millions of dollars in unpaid loans before she died. To collect on that debt, Naussany Investments sought control of Graceland through a foreclosure sale of the historic mansion. The documents Naussany Investments filed turned out to be forged, and a judge tossed out the case. More than half a dozen links seemed to separately connect Holden with the foiled scam at Graceland, NBC News found.
Persons: Elvis Presley’s, Lisa Holden, Holden, Graceland, Lisa Marie Presley, Elvis ’, Gregory Naussany, , ” Lisa Holden, Micah McCoy, Howell, Findley, Naussany, Organizations: NBC News, FBI, Western, of, Naussany Investments, NBC, Investments, Holden Locations: Memphis , Tennessee, Branson , Missouri, U.S, of Tennessee, Nigeria, Missouri, Sullins, Graceland
Its owner, Brigitte Kruse, formed a relationship with Elvis' ex-wife, Priscilla Presley, and has even acted as her power of attorney. The questions over some of Kruse’s Elvis items reflect the murky world of celebrity memorabilia. The problem, these collectors say, is that there are dishonest people with Elvis ties providing bogus items to auction houses. In her suit, Priscilla said they were introduced by a mutual connection who said Kruse wanted to discuss her business selling Elvis memorabilia. In the days before the auction, Priscilla did media interviews explaining why she was endorsing it.
Persons: Joel Weinshanker, Elvis, Elvis Presley, ” Weinshanker, Elvis ’, Brigitte Kruse, Priscilla Presley, Weinshanker, Priscilla vouching, Priscilla, Kruse, ” Kruse, , , Stephen Shutts, Elvis ’ “, Roy McKay, McKay, ” McKay, Priscilla Kruse, Tom Parker, King, ” Presley, Domenick Fini, Vernon Presley, Parker, Graceland, cufflinks, Mecum, James Webb, Webb, “ Priscilla, Priscilla’s Organizations: Elvis Presley Enterprises, NBC, GWS, NBC News, Lockheed Jetstar, Reuters, NBC News Graceland, Graceland, GAB, Mecum, Elvis, YouTube Locations: Memphis, California, Windermere , Florida, New Mexico, Graceland, Hawaii, Tenn, Kissimmee , Florida
London CNN —When Elvis Presley’s debut album took the charts by storm in 1956, “Blue Suede Shoes” was its opening track. Now, the King’s very own blue suede shoes have sold for the princely sum of £120,000 (around $152,000) after they went up for grabs at British auction house Henry Aldridge and Son on Friday. The shoes were bought by a client from California, Henry Aldridge and Son told CNN. That night Elvis gave me these blue suede shoes size 10 1/2. According to Henry Aldridge and Son, another iconic piece of music history was sold on the same day as Presley’s shoes.
Persons: Elvis Presley’s, , Henry Aldridge, Son, Presley, Steve Allen, Bush, Alan Fortas, Jimmy Velvet, Elvis Presley, Fortas, Elvis ’, Elvis, Freddie Mercury Organizations: London CNN, CNN, NBCU, Bank, Getty, US Army, Elvis Presley Museum, Son Locations: California, Memphis, Graceland
CNN —The Tennessee Attorney General’s office has turned its investigation into the failed foreclosure attempt of Elvis Presley’s Graceland estate over to federal investigators, according to a statement provided by his office. “The Tennessee Attorney General’s Office looked into the Graceland matter, and it quickly became apparent that this was a matter best suited for federal law enforcement. We have faith in our federal partners and know they will handle this appropriately,” said Amy Lannom Wilhite, communications director for Tennessee Attorney General John Skrmetti. Keough claimed fraud and sued to protect the estate from foreclosure. A Shelby County Chancery Judge agreed and blocked the sale, and Naussany said it had dropped its foreclosure efforts.
Persons: General’s, Elvis Presley’s, Tennessee Attorney General’s, , Amy Lannom Wilhite, John Skrmetti, Riley Keough, Elvis Presley, Naussany, Lisa Marie Presley, Keough, Skrmetti Organizations: CNN, Tennessee, Tennessee Attorney, Naussany Investments, Justice Locations: Shelby County
London CNN —When Elvis Presley’s debut album took the charts by storm in 1956, “Blue Suede Shoes” was its opening track. Now, fans have the opportunity to step into the King’s very own blue suede shoes as they go up for grabs at British auction house Henry Aldridge and Son – for an estimated £100,000 to £120,000 (around $126,000 to $152,000). The shoes have been authenticated by Jimmy Velvet, a close friend of Presley and the founder of the Elvis Presley Museum. “The night before Elvis’ army induction here in Memphis, Elvis had an all night party at Graceland,” the letter says, according to the auction site. That night Elvis gave me these blue suede shoes size 10 1/2.
Persons: Elvis Presley’s, , Henry Aldridge, Son –, Presley, Steve Allen, Bush, Alan Fortas, Jimmy Velvet, Elvis Presley, Fortas, Elvis ’, Elvis Organizations: London CNN, NBCU, Bank, Getty, US Army, Elvis Presley Museum, Son Locations: Memphis, Graceland
Experts say rental properties, vacation homes and homes where the owners are deceased can be targets of home title theft. Here are some ways to protect yourself:What is home title fraud? Home title fraud occurs when scammers impersonate homeowners to refinance or sell a victim’s property and pocket the money. In an email associated with Naussany Investments to CNN, a self-proclaimed scammer claimed responsibility for the attempted home title fraud. A standard American Land Title Association (ALTA) homeowner’s policy of title insurance covers home title forgery and impersonation.
Persons: scammers, Elvis Presley’s, David Fleck, , , ” Fleck, “ It’s, Lisa Marie Presley, Elvis, Priscilla Presley, Riley Keough, Naussany, Florida notary’s, Jonathan Skrmetti, scammer, I’ve, Jeremy Miller, ” Miller, Fleck, ALTA’s, Miller Organizations: CNN, Naussany, Naussany Investments, New York Times, Times, Allstate, Consumer Financial Locations: Memphis, Tennessee, Los Angeles, Graceland, Florida, Nigeria, California, Georgia
Reached by phone, Lisa’s live-in partner Maria Tazbaz said she sold the Easter baskets at her hardware store. By 2009 Lisa was on supervised parole, but couldn’t stop committing crimes, according to her parole officer, who asked a judge to consider putting her back in prison. In a letter to the judge, the parole officer outlined Lisa’s infractions: She faked cancer to get sympathy from a court on a charge for bogus checks. After spending much of 2010 and 2011 imprisoned in Oklahoma, Lisa was released. At a hearing for the revocation of her release, the parole officer testified she had “noticed, and attempted to stop, a pattern by the defendant of defrauding her boyfriends.” A judge locked her back up.
Persons: Carloyn Naussany, Lisa, Maria Tazbaz, Carolyn, ” Tazbaz, Girl’s, Tazbaz, Linda, It’s, ” Lisa’s, Steven Sullins, Leonardo DiCaprio, “ That’s, ” Sullins, Sullins, Lisa Sullins, ’ ” Lisa, Steve, Lisa wasn’t, Dodge, Kurt Naussany, , Kurt Howell, “ I’ve, I’ve, ” Steve, Howell, , ” Lisa, Lisa’s, couldn’t Organizations: Facebook, King Food Saver, Branson Buzz, Google, Oakley Auto, Chrysler, Kimberling City, NBC, Oklahoma State Department of Health, South Pointe Chrysler, Dodge Ram, Prosecutors, KMart, Ramada Oasis Convention Center Locations: Branson West, Kimberling City, Kimberling, Rock, South, Tulsa, Las Vegas, Nevada, Clark County, California, Cleveland , Oklahoma, Vietnam, Osage County, Sapulpa , Oklahoma, Springfield , Missouri, Oklahoma
CNN —The recent and bizarre attempt to wrest control of Graceland, the Memphis, Tennessee, home of the late Elvis Presley, set off a number of red flags. But Elvis represents something different from Gilded Age robber barons such as Rockefeller and Carnegie, whose American Dream was fundamentally about the accumulation of wealth. “Seems we was always in debt,” recalled Gladys Presley, Elvis’s mother. Fans walk by the entrance to Graceland, the home of Elvis Presley, on August 14, 2007, in Memphis, Tennessee. Immediately after moving into Graceland, Elvis, the ultimate consumer, began renovations.
Persons: Michael T, Bertrand, , Elvis Presley, Presley, Elvis, Priscilla, Lisa Marie, Riley Keough, , John D, Rockefeller, Andrew Carnegie, Ida Harris, Gladys Presley, Elvis’s, , ” Stephen Galvin, Joe Raedle, Gladys, throwed, Stan Honda, Horatio Alger, Graceland, Andrew Carnegie’s Organizations: Tennessee State University, CNN, Rockefeller, Carnegie, Getty, White Locations: Memphis , Tennessee, East Tupelo , Mississippi, Memphis, United States, Bluff City, Bryan , Texas, Graceland, AFP, drawl, Hollywood, Las Vegas, New York, Manhattan, America
As with all scammers, it’s unclear whether the person who emailed CNN is actually behind the scheme. The foreclosure sale was ultimately blocked, and Naussany Investments dropped its foreclosure efforts. A self-proclaimed scam artistCNN reached out to the email address listed as the company representative in Keough’s lawsuit for comment. “We use innocents and we steal identity,” said the scammer in an email to CNN. Sunderman believes that quick payoff may have been the scammer’s goal, not a successful foreclosure on Graceland.
Persons: Elvis Presley’s, I’ve, , Graceland, Lisa Marie Presley, she’d, Riley Keough, Elvis ’, gregoryenaussanyniplflorida@hotmail.com, Gregory Naussany, scammer, Elvis Presley, Mark Sunderman, , Presley, Sunderman, Jonathan Skrmetti Organizations: CNN, United Nations, Naussany Investments, Graceland, New York Times, Investments, Private, Shelby County, Times, University of Memphis, Civil Rights Museum, Locations: Memphis, Uganda, Kimberling City , Missouri, Shelby, Nigeria, Florida, California, Graceland, Tennessee, Shelby County
The writer said he was an identity thief — a ring leader on the dark web, with a network of “worms” placed throughout the United States. In an email to The New York Times, he said his ring preyed on the dead, the unsuspecting and the elderly, especially those from Florida and California, using birth certificates and other documents to discover personal information that aided in their schemes. “We figure out how to steal,” he said. Media outlets often receive unsolicited emails from people who make outlandish claims. But this email arrived Friday in response to one sent by The Times to an email address that Naussany listed in a legal filing sent to a Tennessee court reviewing the foreclosure case.
Persons: , , Lisa Marie Presley, Graceland Organizations: New York Times, Naussany Investments, Media, The Times Locations: United States, Florida, California, Tennessee
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. New York CNN —We can’t be 100% sure that an obscure lending company just tried to steal Graceland. Her lawsuit says that the documents Naussany presented, including a 2018 notarized promissory note signed by Lisa Marie Presley, were forged. Even the notary public whose name appeared on the disputed document, told the court in an affidavit that no, they’d never notarized Lisa Marie Presley’s signature. (“Not acquire to proceed?”)It added: “There was no harm meant on Ms. Keough for her mothers LMP mis habits and mis managing of money.”(LMP, presumably, is Lisa Marie Presley.
Persons: CNN Business ’, Elvis Presley’s, , Lisa Marie Presley, she’d, Naussany, Graceland, Riley Keough, Elvis’s, Keough, Mad Max Fury, Daisy Jones, , Naussany’s, Lisa Marie Presley’s, JoeDae Jenkins, Jenkins, ” Jenkins, Keough’s Organizations: CNN Business, New York CNN, Naussany, CNN, Naussany Investments Locations: New York, Tennessee, Graceland, Memphis, America, Shelby County, Naussany, Kimberling City , Missouri, Missouri
CNN —Tennessee Attorney General Jonathan Skrmetti is looking into the attempted foreclosure auction of Elvis Presley’s iconic Memphis home, known as Graceland, by an alleged private investment company. On Wednesday, Naussany Investments and Private Lending LLC dropped its foreclosure efforts against Graceland. Danielle Riley Keough, Presley’s granddaughter and heir, filed a lawsuit earlier this month to halt the foreclosure sale claiming Naussany Investment’s paperwork was bogus and an attempt to defraud the family. Naussany Investments produced paperwork that Lisa Marie Presley defaulted on a $3.8 million loan, prior to her 2023 passing, and used Graceland as collateral, according to court documents. Even the notary public whose name appeared on the disputed document, told the court in an affidavit that they had never notarized Lisa Marie Presley’s signature.
Persons: Jonathan Skrmetti, Elvis Presley’s, Danielle Riley Keough, Presley’s, , Lisa Marie Presley, “ Lisa Marie Presley, Lisa Marie Presley’s, Presley, Elvis, Alicia Owens Organizations: CNN, Tennessee, Naussany Investments, State of, Graceland, Tennessee Department, Financial, Investments, Private, Department Locations: Memphis, Graceland, Shelby County , Tennessee, State, State of Tennessee, Tennessee, Kimberling City , Missouri
The company that insisted it owned the rights to Graceland told the AP it is withdrawing its claim. Elvis Presley's granddaughter Riley Keough had accused the company of fraud and forging documents. AdvertisementA bizarre legal battle over who actually owns Elvis Presley's Graceland estate came to an end on Wednesday, leaving the iconic site in the hands of the King of Rock and Roll's family. The company insisting it owned the deed to Graceland said it'll withdraw its claim on the estate, the Associated Press reported. Hours earlier, a Tennessee court had ruled in favor of Elvis' granddaughter, actor Riley Keough, who had been fighting to keep the property.
Persons: Graceland, Elvis Presley's, Riley Keough, , King, it'll, Elvis Organizations: Service, Associated Press, Business Locations: Keough's, Tennessee
CNN —The future of Graceland, Elvis Presley’s historic Memphis home, could be determined in court Wednesday after a bizarre set of events set the late singer’s granddaughter against a mysterious company that claimed Elvis’ daughter gave it Graceland’s deed. In a signed affidavit, the notary public denied ever notarizing anything that Lisa Marie Presley had signed. An estate in disputeFollowing Lisa Marie Presley’s death, Keogh and her grandmother, Priscilla Presley, fought over the rights to her estate – including Graceland. In 2004, Lisa Marie Presley sold 85% of Elvis Presley Enterprises’ assets in a deal reportedly worth more than $100 million. Lisa Marie Presley annually earned seven figures from it, based on a court filing in her 2022 divorce.
Persons: Elvis, Elvis ’, , Danielle Riley Keough, Keough, Lisa Marie Presley, Naussany, Presley, Naussany isn’t, , “ Lisa Marie Presley, Elvis Presley, “ Elvis Presley, Lisa Marie Presley’s, Keogh, Priscilla Presley, Graceland, Mad Max Fury Organizations: CNN, Chancery, Naussany Investments, Elvis Presley Enterprises, Graceland’s, Graceland Locations: Memphis, Shelby County , Tennessee, Graceland, Kimberling City , Missouri, Missouri,
It's been 47 years since Elvis Presley died, but legions of fans still flock to Memphis, Tennessee, to see the sprawling Graceland estate the star once called home. Rock 'n' roll singer Elvis Presley stands in front of his Graceland estate. Michael Ochs Archives/Getty ImagesPer the official Graceland website, Presley lived in the mansion from 1957 until his death in 1977. Located off a highway that was renamed Elvis Presley Boulevard in 1971, the two-story residence sits on 13.8 acres of land. According to the website, it has hosted over 20 million visitors from across the globe.
Persons: It's, Elvis Presley, Michael Ochs, Presley, Presley's, Lisa Marie Presley, Lisa Marie's, Riley Keough Organizations: Michael Ochs Archives, Graceland, Naussany Locations: Memphis , Tennessee, Graceland, USA
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